Id also say the reflation continues too.
Although I dont think inflation will tick up much and in time will come down, and come down enough where the government will feel secure enough to reflate the economy more than people will realize.
I believe over time most western countries will inflate there money supply to pay for wars and pensioners and other welfare schemes.
I dont think we will see deflation but like Matt Smith and Doug Casey say its possible and in that case id want gold coins and the cash that goes with it.
I see most people dont have much cash saved and according to Matt Smith there was a study or questionnaire that says 30% of people shop lift. In other parlance shrinkage is going up and high already.
As I have said in previous articles, the culture is changing fast.
As people see that you wont get prosecuted for theft or fraud more people will accept doing it to survive.
Speaking of shop lifting, when I was a kid in Baltimore, in the 1990s there was a lot of shop lifting by employees where I worked in a store and at the end of the shift they would check your back pack to see if you stole things.
So this trend was there in the 90s in Baltimore.
Wars
Back to the wars, I think wr will see Russia strike Ukraine with nuclear weapons soon.
I dont think the US will do much. We will see. I dont think Europe will do much, except more migration out of Europe if you have money.
Iran, im not sure what will happen there. The trade routes will be disruptived permanently and we could see the decline in that part of the world.
We may see Iran change too, maybe in a good way, so far its not good their for most people.
I think in the western world people will decentralize.
The economy will decentralize and im not sure if thats good or bad but think it will happen and cause a new prosperity.
We could go back to more local economies and customs ans traditions like before world war one and two.
I think world trade will change, maybe more taxes so less trade and that will encourage more independent economics.
Same with food and medicine and everything else.
It will probably make for a better world. Then add AI technology.
Thats it for now, thanks for reading.
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